Citra Tubindo Tbk. vs Midi Utama Indonesia Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp5,050 (market cap 4T, 15.5K 24h volume), while Midi Utama Indonesia Tbk. trades at Rp284 (market cap 9.43T, 2.81M 24h volume). The key difference: Midi Utama Indonesia Tbk. is far larger — about 2.4× Citra Tubindo Tbk.'s market cap, and Midi Utama Indonesia Tbk. is more actively traded (2.81M versus 15.5K). Which is the better fit depends on your goals.
| CTBN | MIDI | |
|---|---|---|
Market Cap | 4T | 9.43T |
Volume | 15.5K | 2.81M |
Lot | 155 | 28.1K |
Turnover | 79.45M | 788.78M |
Average Price | 5,125.97 | 280.71 |
Value | 79.45M | 788.78M |
Indicative Equilibrium Price | 5,050 | 284 |
Indicative Equilibrium Volume | 7 | 155 |
Trailing returns across standard periods
Latest headlines on both assets
PT Citra Tubindo Tbk (the Company) was established on August 23rd, 1983, on Batam Island under the rules of the Domestic Capital Investment (PMDN) the main activities of the Company are seamless pipe processing, end finishing of Oil Country Tubular Goods (OCTG) and fabricating accessories for the Oil and Gas Industry. The Threading and End Finishing plant commenced commercial operation in 1984 and received American Petroleum Institute (API) in the same year. In 1986 the Company installed and put into operation a precision electro-plating plant which also passed the stringent requirements of MEPSI (Mobil Exploration and Production Services Inc.) standards. The Company has also built an assembly line for Drilltec Protectors, to reduce the dependency on overseas supplies. The products of the Company are distributed among domestic and international oil and gas contractors operating in Indonesia, and increasingly exported to contractors working in countries such as Malaysia, India, Vietnam, the Middle East, Japan Canada, Australia, Venezuela and the Philippines.
Read more on CTBN →PT Midi Utama Indonesia (the company) was established under its original name of PT Midimart Utama base on notarial deed No.37 of Mr Frans Elsius, S.H, dated on 28 Jun, 2007. The Company’s articles of association has been amended several times, most recently by notarial deed No. 2 of Kamelina, S.H., dated Mar 3, 2010, concerning among others, increase in capital paid up and public offering.
Read more on MIDI →